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Elon Musk says Tesla will stop producing its S and X models

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Overview
 · 11h
Elon Musk says Tesla is discontinuing Model S and Model X and doubling down on Optimus robots
Tesla CEO Elon Musk said the company will be discontinuing the Model S and X in the next quarter.

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 · 4h
Tesla kills Models S and X in a shocking twist to make more robots
 · 12h · on MSN
Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots
 · 7h
Musk's Tesla To Spend $20 Billion On Autonomous Vehicles, Humanoid Robots
Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human driver...

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 · 5h
Elon Musk says Tesla ending Models S and X production as Tesla reports its first annual revenue decline on record
 · 2h
Tesla cuts car models in shift to robots and AI

Tesla sees 1st annual revenue drop

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Overview
 · 13h
Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
Revenue fell for the third time in three quarters, and sales for the full year declined for the first time on record.

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 · 8h · on MSN
Tesla sees first annual revenue drop as it shifts to AI and robots
 · 10h · on MSN
Tesla is killing off its Model S and X cars to make robots
 · 8h
Tesla plans $20 billion capital spending spree in push beyond human-driven cars
Tesla (TSLA.O) plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to hum...

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 · 14h
Tesla Profit Slumps, but Investors May Not Care
 · 13h
Tesla invested $2B in Elon Musk’s xAI

Tesla profit plunges

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Wyoming News · 11h
Tesla profits tumble on lower EV sales, AI spending surge
Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.

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 · 11h
Tesla profits slumped 46% last year, as it lost its crown as the top EV seller
Axios AI+ on MSN · 13h
Tesla profit plunges as AI expenses pile up and sales fall
 · 11h
Tesla annual profit plunges to lowest level since pandemic.
Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales.

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 · 13h
Tesla invests $2 billion in Musk's xAI and reiterates Cybercab production starts this year
 · 14h
Tesla Q4 earnings live updates: Stock rises on earnings beat, $2 billion xAI investment
46mon MSN

What the latest earnings from Tesla and Meta tell us about who's winning the AI race

It turns out investors are willing to forgive huge capital spending if a company's core business is thriving.
10h

Tesla hits a grim milestone: its second straight year of decline

Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks.
10hon MSN

Musk Says Tesla Needs to Build Its Own Factory to Make Chips

Elon Musk said Tesla Inc. needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors, a massive undertaking that will cost billions of dollars and mark another expansion beyond what had been the company’s core electric vehicle business.
10hon MSN

Tesla plans $20 billion of investment, deepens its focus on AI

Tesla Inc. plans $20 billion of spending this year to streamline its electric-vehicle lineup and shift resources toward robotics and AI, part of a sweeping set of changes pushing the company further from its roots as an automobile manufacturer.
6hon MSN

Tesla takes another leap toward becoming a physical AI company: Here are the 6 biggest takeaways from its Q4 earnings call

Tesla CEO Elon Musk announced a $2B investment into xAI and the discontinuation of Model S and Model X in order to support Optimus robot production.

Related topics

Elon Musk
Optimus robots
Model X
Canada
Nvidia
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